Support for multiple payment methods

Payment & Accouting

Integration with external payment processors and general ledger control for accurate financial accounting insights

Payments

A customizable ability to integrate external payment processors or manually record transactions creates an ecosystem that gives your team full control over operations.

Ensures internal records match external ones. This capability guarantees data accuracy, strengthens fraud detection, improves chargeback management, and supports regulatory compliance.
Fraud detection to identify suspicious activity and manage chargebacks.
Fineract’s API-first architecture connects the platform with payment gateways and external services, streamlining high-volume transactions.
Digital services enabled like mobile wallets and money transfers.

Illustration of a man holding a digital wallet with money

Possible external payment reconciliation integrations with Fineract

Fineract allows organizations to integrate various payment reconciliation solutions to strengthen their financial and operational processes. These integrations are not included by default.

Financial records integrity

Through integrations with reconciliation systems, it is possible to ensure that there are no discrepancies between internally recorded transactions and amounts processed through payment providers. This helps detect and correct errors such as duplicate entries or omissions, ensuring data accuracy.

Chargeback management

Allows for the rapid identification of disputes and chargebacks, facilitating fast and reliable resolutions. This contributes to reducing disputes, improving refund management, and strengthening customer trust in the organization.

Operational optimization

By analyzing and integrating reconciliation data, organizations can optimize their processing times, reduce errors, and increase efficiency. This reduces the burden of manual processes.

Accounting

Fineract gives you complete control over your General Ledger, ensuring a precise and transparent view of your financial accounting. It also includes auditing functions so you can make informed decisions with total confidence.

A double-entry accounting system, crucial for transparency and audits.
Detailed and customizable financial reports to meet regulatory requirements.
Auditing functions that track every change in the system for complete traceability.
It includes the "maker-checker" principle, which requires a second person's approval for critical tasks, adding an extra layer of security.

Account Management

Solution for managing financial accounts. You can manage checking, savings, and digital wallets, even in different currencies.

Fineract allows you to precisely articulate accounts and transactions. This multi-currency capability simplifies the management of complex operations, both locally and internationally.

Chart of Accounts

Configuration that lists all the accounts an organization uses to record its financial transactions.

This configuration is a core component of any financial accounting system. It provides internal capacity to structure and manage accounting information.